SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13D-1(b) (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
James River Group, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
470359100
--------------------------------------------------------------------------------
(CUSIP Number)
12/31/05
--------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a
reporting person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page
shall not be deemed to be "filed" for the purpose of Section 18 of the
Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities
of that section of the Act but shall be subject to all other provisions of the
Act (however, see the Notes).
CUSIP NO. 470359100 13 G PAGE 2 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
HRWCP 1 LP
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,883,590(1)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,883,590(1)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,883,590(1)
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
----------
(1) The shares are beneficially owned directly by HRWCP 1 LP. The
general partner of HRWCP 1 LP is High Ridge GP Holdings LLC. Steven J. Tynan and
James L. Zech are the managers of High Ridge GP Holdings LLC. Long Trail
Ventures owns 100% of the equity interest in High Ridge GP Holdings LLC. Liberty
Street Partners L.P. and James L. Zech own 100% of the equity interest in Long
Trail Ventures LLC. The general partner of Liberty Street Partners L.P. is
Liberty Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity
interest in Liberty Street Corp. Accordingly, High Ridge GP Holdings LLC, Long
Trail Ventures LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois
Tynan, Steven J. Tynan and James L. Zech can be deemed to share voting and
dispositive power over the shares beneficially owned directly by HRWCP 1 LP.
CUSIP NO. 470359100 13 G PAGE 3 OF 29 PAGES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.5%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
CUSIP NO. 470359100 13 G PAGE 4 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
High Ridge Capital Partners II, L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 276,753(2)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
276,753(2)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
276,753(2)
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
----------
(2) The shares are beneficially owned directly by High Ridge Capital
Partners II, L.P. High Ridge GP II LLC is the general partner of High Ridge
Capital Partners II, L.P. Steven J. Tynan and James L. Zech are the managers of
High Ridge GP II LLC. Liberty Street Partners L.P. and James L. Zech own 100% of
the equity interest of High Ridge GP II LLC. The general partner of Liberty
Street Partners L.P. is Liberty Street Corp. Steven J. Tynan and Lois Tynan own
100% of the equity interest in Liberty Street Corp. Accordingly, High Ridge GP
II LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois Tynan, Steven
J. Tynan and James L. Zech can be deemed to share voting and dispositive power
over the shares beneficially owned directly by High Ridge Capital Partners II,
L.P.
CUSIP NO. 470359100 13 G PAGE 5 OF 29 PAGES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.8%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
CUSIP NO. 470359100 13 G PAGE 6 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
High Ridge GP Holdings LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,883,590(1)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,883,590(1)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,883,590(1)
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
----------
(1) The shares are beneficially owned directly by HRWCP 1 LP. The
general partner of HRWCP 1 LP is High Ridge GP Holdings LLC. Steven J. Tynan and
James L. Zech are the managers of High Ridge GP Holdings LLC. Long Trail
Ventures owns 100% of the equity interest in High Ridge GP Holdings LLC. Liberty
Street Partners L.P. and James L. Zech own 100% of the equity interest in Long
Trail Ventures LLC. The general partner of Liberty Street Partners L.P. is
Liberty Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity
interest in Liberty Street Corp. Accordingly, High Ridge GP Holdings LLC, Long
Trail Ventures LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois
Tynan, Steven J. Tynan and James L. Zech can be deemed to share voting and
dispositive power over the shares beneficially owned directly by HRWCP 1 LP.
CUSIP NO. 470359100 13 G PAGE 7 OF 29 PAGES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.5%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
CUSIP NO. 470359100 13 G PAGE 8 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
High Ridge GP II LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 276,753(2)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
276,753(2)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
276,753(2)
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
----------
(2) The shares are beneficially owned directly by High Ridge Capital
Partners II, L.P. High Ridge GP II LLC is the general partner of High Ridge
Capital Partners II, L.P. Steven J. Tynan and James L. Zech are the managers of
High Ridge GP II LLC. Liberty Street Partners L.P. and James L. Zech own 100% of
the equity interest of High Ridge GP II LLC. The general partner of Liberty
Street Partners L.P. is Liberty Street Corp. Steven J. Tynan and Lois Tynan own
100% of the equity interest in Liberty Street Corp. Accordingly, High Ridge GP
II LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois Tynan, Steven
J. Tynan and James L. Zech can be deemed to share voting and dispositive power
over the shares beneficially owned directly by High Ridge Capital Partners II,
LP.
CUSIP NO. 470359100 13 G PAGE 9 OF 29 PAGES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.8%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
CUSIP NO. 470359100 13 G PAGE 10 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Liberty Street Corp.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,246,982(1), (2), (3)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,246,982(1), (2), (3)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,246,982(1), (2), (3)
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
----------
(1) The shares are beneficially owned directly by HRWCP 1 LP. The
general partner of HRWCP 1 LP is High Ridge GP Holdings LLC. Steven J. Tynan and
James L. Zech are the managers of High Ridge GP Holdings LLC. Long Trail
Ventures owns 100% of the equity interest in High Ridge GP Holdings LLC. Liberty
Street Partners L.P. and James L. Zech own 100% of the equity interest in Long
Trail Ventures LLC. The general partner of Liberty Street Partners L.P. is
Liberty Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity
interest in Liberty Street Corp. Accordingly, High Ridge GP Holdings LLC, Long
Trail Ventures LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois
Tynan, Steven J. Tynan and James L. Zech can be deemed to share voting and
dispositive power over the shares beneficially owned directly by HRWCP 1 LP.
CUSIP NO. 470359100 13 G PAGE 11 OF 29 PAGES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.9%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
CO
----------
(2) The shares are beneficially owned directly by High Ridge Capital
Partners II, L.P. High Ridge GP II LLC is the general partner of High Ridge
Capital Partners II, L.P. Steven J. Tynan and James L. Zech are the managers of
High Ridge GP II LLC. Liberty Street Partners L.P. and James L. Zech own 100% of
the equity interest of High Ridge GP II LLC. The general partner of Liberty
Street Partners L.P. is Liberty Street Corp. Steven J. Tynan and Lois Tynan own
100% of the equity interest in Liberty Street Corp. Accordingly, High Ridge GP
II LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois Tynan, Steven
J. Tynan and James L. Zech can be deemed to share voting and dispositive power
over the shares beneficially owned directly by High Ridge Capital Partners II,
L.P.
(3) 86,639 shares are beneficially owned directly by Liberty Street
Partners L.P. The general partner of Liberty Street Partners L.P. is Liberty
Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity interest in
Liberty Street Corp. Accordingly, Liberty Street Corp., Steven J. Tynan and Lois
Tynan can be deemed to share voting and dispositive power over the shares
beneficially owned by Liberty Street Partners L.P.
CUSIP NO. 470359100 13 G PAGE 12 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Liberty Street Partners L.P.
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,246,982(1), (2), (3)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,246,982(1), (2), (3)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,246,982(1), (2), (3)
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
----------
(1) The shares are beneficially owned directly by HRWCP 1 LP. The
general partner of HRWCP 1 LP is High Ridge GP Holdings LLC. Steven J. Tynan and
James L. Zech are the managers of High Ridge GP Holdings LLC. Long Trail
Ventures owns 100% of the equity interest in High Ridge GP Holdings LLC. Liberty
Street Partners L.P. and James L. Zech own 100% of the equity interest in Long
Trail Ventures LLC. The general partner of Liberty Street Partners L.P. is
Liberty Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity
interest in Liberty Street Corp. Accordingly, High Ridge GP Holdings LLC, Long
Trail Ventures LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois
Tynan, Steven J. Tynan and James L. Zech can be deemed to share voting and
dispositive power over the shares beneficially owned directly by HRWCP 1 LP.
CUSIP NO. 470359100 13 G PAGE 13 OF 29 PAGES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.9%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
----------
(2) The shares are beneficially owned directly by High Ridge Capital
Partners II, L.P. High Ridge GP II LLC is the general partner of High Ridge
Capital Partners II, L.P. Steven J. Tynan and James L. Zech are the managers of
High Ridge GP II LLC. Liberty Street Partners L.P. and James L. Zech own 100% of
the equity interest of High Ridge GP II LLC. The general partner of Liberty
Street Partners L.P. is Liberty Street Corp. Steven J. Tynan and Lois Tynan own
100% of the equity interest in Liberty Street Corp. Accordingly, High Ridge GP
II LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois Tynan, Steven
J. Tynan and James L. Zech can be deemed to share voting and dispositive power
over the shares beneficially owned directly by High Ridge Capital Partners II,
L.P.
(3) 86,639 shares are beneficially owned directly by Liberty Street
Partners L.P. The general partner of Liberty Street Partners L.P. is Liberty
Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity interest in
Liberty Street Corp. Accordingly, Liberty Street Corp., Steven J. Tynan and Lois
Tynan can be deemed to share voting and dispositive power over the shares
beneficially owned by Liberty Street Partners L.P.
CUSIP NO. 470359100 13 G PAGE 14 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Long Trail Ventures LLC
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 1,883,590(1)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
1,883,590(1)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,883,590(1)
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
----------
(1) The shares are beneficially owned directly by HRWCP 1 LP. The
general partner of HRWCP 1 LP is High Ridge GP Holdings LLC. Steven J. Tynan and
James L. Zech are the managers of High Ridge GP Holdings LLC. Long Trail
Ventures owns 100% of the equity interest in High Ridge GP Holdings LLC. Liberty
Street Partners L.P. and James L. Zech own 100% of the equity interest in Long
Trail Ventures LLC. The general partner of Liberty Street Partners L.P., is
Liberty Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity
interest in Liberty Street Corp. Accordingly, High Ridge GP Holdings LLC, Long
Trail Ventures LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois
Tynan, Steven J. Tynan and James L. Zech can be deemed to share voting and
dispositive power over the shares beneficially owned directly by HRWCP 1 LP.
CUSIP NO. 470359100 13 G PAGE 15 OF 29 PAGES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.5%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
CUSIP NO. 470359100 13 G PAGE 16 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Lois Tynan
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 86,639(3)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
86,639(3)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
86,639(3)
--------------------------------------------------------------------------------
----------
(3) 86,639 shares are beneficially owned directly by Liberty Street
Partners L.P. The general partner of Liberty Street Partners L.P. is Liberty
Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity interest in
Liberty Street Corp. Accordingly, Liberty Street Corp., Steven J. Tynan and Lois
Tynan can be deemed to share voting and dispositive power over the shares
beneficially owned by Liberty Street Partners L.P.
CUSIP NO. 470359100 13 G PAGE 17 OF 29 PAGES
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.0%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
CUSIP NO. 470359100 13 G PAGE 18 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Steven J. Tynan
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,401,982 (1),(2),(3)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 0
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,401,982 (1),(2),(3)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,401,982 (1),(2),(3)
--------------------------------------------------------------------------------
----------
(1) The shares are beneficially owned directly by HRWCP 1 LP. The
general partner of HRWCP 1 LP is High Ridge GP Holdings LLC. Steven J. Tynan and
James L. Zech are the managers of High Ridge GP Holdings LLC. Long Trail
Ventures owns 100% of the equity interest in High Ridge GP Holdings LLC. Liberty
Street Partners L.P. and James L. Zech own 100% of the equity interest in Long
Trail Ventures LLC. The general partner of Liberty Street Partners L.P. is
Liberty Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity
interest in Liberty Street Corp. Accordingly, High Ridge GP Holdings LLC, Long
Trail Ventures LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois
Tynan, Steven J. Tynan and James L. Zech can be deemed to share voting and
dispositive power over the shares beneficially owned directly by HRWCP 1 LP.
CUSIP NO. 470359100 13 G PAGE 19 OF 29 PAGES
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
15.9%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
----------
(2) The shares are beneficially owned directly by High Ridge Capital
Partners II, L.P. High Ridge GP II LLC is the general partner of High Ridge
Capital Partners II, L.P. Steven J. Tynan and James L. Zech are the managers of
High Ridge GP II LLC. Liberty Street Partners L.P. and James L. Zech own 100% of
the equity interest of High Ridge GP II LLC. The general partner of Liberty
Street Partners L.P. is Liberty Street Corp. Steven J. Tynan and Lois Tynan own
100% of the equity interest in Liberty Street Corp. Accordingly, High Ridge GP
II LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois Tynan, Steven
J. Tynan and James L. Zech can be deemed to share voting and dispositive power
over the shares beneficially owned directly by High Ridge Capital Partners II,
L.P.
(3) 86,639 shares are beneficially owned directly by Liberty Street
Partners L.P. The general partner of Liberty Street Partners L.P. is Liberty
Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity interest in
Liberty Street Corp. Accordingly, Liberty Street Corp., Steven J. Tynan and Lois
Tynan can be deemed to share voting and dispositive power over the shares
beneficially owned by Liberty Street Partners L.P.
CUSIP NO. 470359100 13 G PAGE 20 OF 29 PAGES
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
James L. Zech
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [X]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
U.S.A.
--------------------------------------------------------------------------------
5 SOLE VOTING POWER
129,960
---------------------------------------------------------------
NUMBER OF 6 SHARED VOTING POWER
SHARES
BENEFICIALLY 2,315,343 (1),(2)
OWNED BY ---------------------------------------------------------------
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
PERSON 129,960
WITH
---------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
2,315,343 (1),(2)
--------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,445,303 (1),(2)
--------------------------------------------------------------------------------
----------
(1) The shares are beneficially owned directly by HRWCP 1 LP. The
general partner of HRWCP 1 LP is High Ridge GP Holdings LLC. Steven J. Tynan and
James L. Zech are the managers of High Ridge GP Holdings LLC. Long Trail
Ventures owns 100% of the equity interest in High Ridge GP Holdings LLC. Liberty
Street Partners L.P. and James L. Zech own 100% of the equity interest in Long
Trail Ventures LLC. The general partner of Liberty Street Partners L.P. is
Liberty Street Corp. Steven J. Tynan and Lois Tynan own 100% of the equity
interest in Liberty Street Corp. Accordingly, High Ridge GP Holdings LLC, Long
Trail Ventures LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois
Tynan, Steven J. Tynan and James L. Zech can be deemed to share voting and
dispositive power over the shares beneficially owned directly by HRWCP 1 LP.
(2) The shares are beneficially owned directly by High Ridge Capital
Partners II, L.P. High Ridge GP II LLC is the general partner of High Ridge
Capital Partners II, L.P. Steven J. Tynan and James L. Zech are the managers of
High Ridge GP II LLC. Liberty Street Partners L.P. and James L. Zech own 100% of
the equity interest of High Ridge GP II LLC. The general partner of Liberty
Street Partners L.P. is Liberty Street Corp. Steven J. Tynan and
CUSIP NO. 470359100 13 G PAGE 21 OF 29 PAGES
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
16.2%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
Lois Tynan own 100% of the equity interest in Liberty Street Corp. Accordingly,
High Ridge GP II LLC, Liberty Street Partners L.P., Liberty Street Corp., Lois
Tynan, Steven J. Tynan and James L. Zech can be deemed to share voting and
dispositive power over the shares beneficially owned directly by High Ridge
Capital Partners II, L.P.
CUSIP NO. 470359100 13 G PAGE 22 OF 29 PAGES
Item 1(a) Name of Issuer
James River Group, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices
1414 Raleigh Road, Suite 415
Chapel Hill, NC 27517
Item 2(a) Name of Person Filing
HRWCP 1 LP
High Ridge Capital Partners II, L.P.
High Ridge GP Holdings LLC
High Ridge GP II LLC
Liberty Street Corp.
Liberty Street Partners L.P.
Long Trail Ventures LLC
Lois Tynan
Steven J. Tynan
James L. Zech
Item 2(b) Address of Principal Business Office or, if none, Residence
James L. Zech: HRWCP 1 LP
High Ridge Capital Partners II,
L.P.
High Ridge GP Holdings LLC
High Ridge GP II LLC
Liberty Street Corp.
Liberty Street Partners L.P.
Long Trail Ventures LLC
Lois Tynan
Steven J. Tynan:
1414 Raleigh Road, Suite 415 5405 2 Morgan Hill Road
Chapel Hill, NC 27517 South Woodstock, VT 05071
Item 2(c) Citizenship
HRWCP 1 LP, High Ridge Capital Partners II, L.P. and Liberty
Street Partners L.P. are each a limited partnership organized in
the State of Delaware. High Ridge GP Holdings LLC, High Ridge GP
II LLC and Long Trail Ventures LLC are each a limited liability
company organized in the State of Delaware. Liberty Street Corp.
is a corporation organized in the State of Delaware. Steven J.
Tynan, James L. Zech and Lois Tynan are citizens of the United
States of America.
Item 2(d) Title of Class of Securities
Common Stock
Item 2(e) CUSIP Number
470359100
Item 3 Not applicable.
CUSIP NO. 470359100 13 G PAGE 23 OF 29 PAGES
Item 4 Ownership
(a) and (b)
HRWCP 1 LP beneficially owns 1,883,590 shares or 12.5% of the
outstanding common stock. High Ridge Capital Partners II, L.P.
beneficially owns 276,753 shares or 1.8% of the outstanding
common stock. High Ridge GP Holdings LLC beneficially owns
1,883,590 shares or 12.5% of the outstanding common stock.
High Ridge GP II LLC beneficially owns 276,753 shares or 1.8%
of the outstanding common stock. Liberty Street Corp.
beneficially owns 2,246,982 shares or 14.9% of the outstanding
common stock. Liberty Street Partners L.P. beneficially owns
2,246,982 shares or 14.9% of the outstanding common stock.
Long Trail Ventures LLC beneficially owns 1,883,590 shares or
12.5% of the outstanding common stock. Lois Tynan beneficially
owns 86,639 shares or 0.0% of the outstanding common stock.
Steven J. Tynan beneficially owns 2,401,982 shares or 15.9% of
the outstanding common stock. James L. Zech beneficially owns
2,445,303 shares or 16.2% of the outstanding common stock.
(c)
HRWCP 1 LP has sole voting and dispositive power over no
shares of common stock and shared voting and dispositive power
over 1,883,590 shares. High Ridge Capital Partners II, L.P.
has sole voting and dispositive power over no shares of common
stock and shared voting and dispositive power over 276,753
shares. High Ridge GP Holdings LLC has sole voting and
dispositive power over no shares of common stock and shared
voting and dispositive power over 1,883,590 shares. High Ridge
GP II LLC has sole voting and dispositive power over no shares
of common stock and shared voting and dispositive power over
276,753 shares. Liberty Street Corp. has sole voting and
dispositive power over no shares of common stock and shared
voting and dispositive power over 2,246,982 shares. Liberty
Street Partners L.P. has sole voting and dispositive power
over no shares of common stock and shared voting and
dispositive power over 2,246,982 shares. Long Trail Ventures
LLC has sole voting and dispositive power over no shares of
common stock and shared voting and dispositive power over
1,883,590 shares. Lois Tynan has sole voting and dispositive
power over no shares of common stock and shared voting and
dispositive power over 86,639 shares. Steven J. Tynan has sole
voting and dispositive power over no shares of common stock
and shared voting and dispositive power over 2,401,982 shares.
James L. Zech has sole voting and dispositive power over
129,960 shares of common stock and shared voting and
dispositive power over 2,315,343 shares.
Item 5 Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [ ].
Item 6 Ownership of More than Five Percent on Behalf of Another Person
Not applicable.
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent Holding
Company.
Not applicable.
Item 8 Identification and Classification of Members of the Group
This schedule is being filed pursuant to Rule 13d-1(d). The
identities of the group are stated in Item 2.
Item 9 Notice of Dissolution of Group
Not applicable.
CUSIP NO. 470359100 13 G PAGE 24 OF 29 PAGES
Item 10 Certification
Not applicable.
CUSIP NO. 470359100 13 G PAGE 25 OF 29 PAGES
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this Statement is true, complete and
correct.
February 13, 2006 HRWCP 1 LP
By: /s/ Steven J. Tynan
----------------------------------------
Steven J. Tynan
Manager of General Partner
February 13, 2006 High Ridge Capital Partners II, L.P.
By: /s/ Steven J. Tynan
----------------------------------------
Steven J. Tynan
Manager of General Partner
February 13, 2006 High Ridge GP Holdings LLC
By: /s/ Steven J. Tynan
----------------------------------------
Steven J. Tynan
Manager
February 13, 2006 High Ridge GP II LLC
By: /s/ Steven J. Tynan
----------------------------------------
Steven J. Tynan
Manager
February 13, 2006 Liberty Street Corp.
By: /s/ Steven J. Tynan
----------------------------------------
Steven J. Tynan
President
February 13, 2006 Liberty Street Partners L.P.
By: /s/ Steven J. Tynan
----------------------------------------
Steven J. Tynan
President of General Partner
February 13, 2006 Long Trail Ventures LLC
By: /s/ Steven J. Tynan
----------------------------------------
Steven J. Tynan
Manager
CUSIP NO. 470359100 13 G PAGE 26 OF 29 PAGES
February 13, 2006 Lois Tynan
/s/ Lois Tynan
----------------------------------------
Lois Tynan
February 13, 2006 Steven J. Tynan
/s/ Steven J. Tynan
----------------------------------------
Steven J. Tynan
February 13, 2006 James L. Zech
/s/ James L. Zech
----------------------------------------
James L. Zech
CUSIP NO. 470359100 13 G PAGE 27 OF 29 PAGES
EXHIBIT INDEX
Exhibit No.
-----------
99.1 Agreement pursuant to 13d-1(k)(1) among, HRWCP 1 LP, High
Ridge Capital Partners II, L.P., High Ridge GP Holdings LLC,
High Ridge GP II LLC, Liberty Street Corp., Liberty Street
Partners L.P., Long Trail Ventures LLC, Lois Tynan, Steven J.
Tynan and James L. Zech.